In Mission, a typical home is worth $175,700 and typical rent is $950 a month. Compared with all of Hidalgo County, the typical home value is 25% higher and typical household income is 12% higher.
Typical home value from Zillow, September 2021 to September 2026: from $174,885 to $216,831.
Typical rent
$1,319a month
▼ 0.5% less than 12 months ago
Typical rent from Zillow, March 2022 to September 2026: from $1,172 to $1,319.
From Zillow (ZHVI/ZORI), September 2026. The Census figures above are 5-year averages (2020–2024).
Mission is in Hidalgo County. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Hidalgo County. See the county
What this place has that others do not, from public data, most unusual first.
1
Nearby, in Doffing, the typical home value is $101,700: 42% less than in Mission ($175,700).
2
Nearby, in Palmview, the typical rent is $678: 29% less than in Mission ($950).
3
The typical home in Mission is worth $175,700,25% more than in Hidalgo County as a whole ($140,900).
Sources: U.S. Census Bureau (Average 2020–2024).
The homes here
Housing in Mission
What homes there are in Mission, what they cost, how that changed and how people live, from Census figures (2020–2024).
What homes there are
U.S. Census Bureau, ACS 5-year, 2020–2024
Kind of home
Detached houseAttached houseBuilding of 2 to 4Apartments (5 or more)Mobile homeBoat, RV and other
Mission
Hidalgo County
Texas
United States
Kind of home: Mission and its comparisons
Measure
Mission
Hidalgo County
Texas
United States
Detached house
68%
65%
64%
61%
Attached house
2%
2%
3%
6%
Building of 2 to 4
8%
10%
5%
8%
Apartments (5 or more)
9%
9%
21%
19%
Mobile home
13%
14%
6%
6%
Boat, RV and other
1%
1%
0%
0%
Detached houses, standing on their own, make up 68% of homes here, against 65% in Hidalgo County.
Year built
Before 19601960–19791980–19992000–20092010 or later
Mission
Hidalgo County
Texas
United States
Year built: Mission and its comparisons
Measure
Mission
Hidalgo County
Texas
United States
Before 1960
3%
4%
12%
26%
1960–1979
12%
13%
21%
24%
1980–1999
34%
33%
28%
25%
2000–2009
30%
27%
18%
14%
2010 or later
21%
22%
21%
11%
The typical year built in Mission is 2000, about the same as in Hidalgo County (2000).
By size, homes in Mission look like those in Hidalgo County: 63% have 3 bedrooms or more.
What it costs here
U.S. Census Bureau, ACS 5-year, 2020–2024
Value of owner-occupied homes
Under the limitOver the limitUnreliable estimate
Under $100K28%
$100K–$200K29%
$200K–$300K21%
$300K–$500K18%
$500K–$750K2%
FHA limit: $541,287
$750K–$1MUnreliable
$1M or moreUnreliable
Value of owner-occupied homes: Mission and its comparisons
Measure
Mission
Under $100K
28%
$100K–$200K
29%
$200K–$300K
21%
$300K–$500K
18%
$500K–$750K
2%
$750K–$1M
Unreliable estimate
$1M or more
Unreliable estimate
The FHA loan limit for Hidalgo County is $541,287, and about 97% of owner-occupied homes in Mission are worth less than that.
Monthly rent with utilities
Under the limitOver the limitUnreliable estimate
Under $50014%
$500–$99944%
$1,000–$1,49930%
HUD fair market rent, 2 bedrooms: $1,017
$1,500–$1,9996%
$2,000–$2,499Unreliable
$2,500–$2,999Unreliable
$3,000 or moreUnreliable
Monthly rent with utilities: Mission and its comparisons
Measure
Mission
Under $500
14%
$500–$999
44%
$1,000–$1,499
30%
$1,500–$1,999
6%
$2,000–$2,499
Unreliable estimate
$2,500–$2,999
Unreliable estimate
$3,000 or more
Unreliable estimate
HUD's 2-bedroom fair market rent (FMR) for Hidalgo County is $1,017: about 59% of rents in Mission are below it.
With a mortgage
$1,740 a month
Hidalgo County: $1,486 a month
Without a mortgage
$505 a month
Hidalgo County: $472 a month
Owners with a mortgage
45%
Hidalgo County: 39%
Owning costs more in Mission: with a mortgage, the typical cost is $1,740 a month; in Hidalgo County, $1,486. Without one, $505.
How it changed
U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024
Change since 2015–2019
Typical home value
Mission+56%
Hidalgo County+62%
Texas+65%
United States+53%
Typical rent
Mission+16%
Hidalgo County+30%
Texas+34%
United States+33%
Typical household income
Mission+25%
Hidalgo County+36%
Texas+27%
United States+29%
Change since 2015–2019: Mission and its comparisons
Measure
Mission
Hidalgo County
Texas
United States
Typical home value
+56%
+62%
+65%
+53%
Typical rent
+16%
+30%
+34%
+33%
Typical household income
+25%
+36%
+27%
+29%
The typical home value in Mission rose 56% since 2015–2019, less than in Hidalgo County (62%).
Rents in Mission rose more slowly than in Hidalgo County: 16% since 2015–2019, against 30%.
While home values in Mission changed +56% and rent +16%, the typical household income rose 25%.
How people live
U.S. Census Bureau, ACS 5-year, 2020–2024
How people live: Mission and its comparisons
Measure
Mission
Hidalgo County
Texas
United States
Rental vacancy
7.6%
6.7%
7.7%
5.5%
Homeowner vacancy
Unreliable estimate
1.3%
1.1%
0.9%
More than one person per room
7.5%
10.9%
4.8%
3.4%
People per household
3.01
3.27
2.69
2.53
Drive alone
74%
75%
71%
69%
Carpool
12%
11%
10%
9%
Public transit
Unreliable estimate
0%
1%
3%
Walk or bike
1%
1%
2%
3%
Work from home
10%
9%
14%
15%
Other means
2%
4%
2%
2%
Typical commute
Unreliable estimate
Unreliable estimate
20 to 29 minutes
20 to 29 minutes
Open rentals in Mission look like those in Hidalgo County: the rental vacancy rate is 7.6%.
More than one person per room: that is how 7.5% of households in Mission live, less than in Hidalgo County (10.9%).
Households in Mission are smaller: 3.01 people on average; in Hidalgo County, 3.27.
To get to work, 74% of workers in Mission drive alone; in Hidalgo County, 75%.
Do the math
What would you pay each month for a home in Mission?
A typical home is tight for the typical income
We start with a typical home in Mission, worth $175,700, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 31% of the typical household income in Mission, which is $60,767 a year. For that payment to be 28% of income, a household would need to earn about $67,787 a year.
The calculator's FHA and conventional loan limits are those of all of Hidalgo County.
Change the price, the down payment or the loan: the payment updates right away.
Your numbers
Local data
$
Starts at the typical home value in Mission. Change it to the price you have in mind.
Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.
Down payment
%
That is $6,150 (3.5% of the price). The usual minimum for this loan is 3.5%.
This week's average ± a quarter or half point.
National average as of November 5, 2026 (Freddie Mac); your rate may be different.
Adjust advanced details⌄
Estimated monthly payment
Local data
$1,582
at 7.18% · 30 years
Loan amount
$172,517
Total interest
$248,212
Paid off in
November 2056
Includes $2,967 FHA upfront mortgage insurance premium.
Does it fit the income?
Comfortable
up to $1,418 a month
Tight
$1,418 to $1,823 a month
Your payment · 31%
Hard
more than $1,823 a month
Compared with the typical household income in Mission ($60,767 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.
Monthly payment breakdown
Principal & interest
$1,169
Property tax
$262
Home insurance
$73
FHA mortgage insurance (MIP)
$78
You need at least $6,150 for the down payment, plus closing costs.
This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.
Total monthly payment $1,582; principal and interest $1,169.
The city and its county
Mission and Hidalgo County
Mission is in Hidalgo County, Texas. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).
Mission
Map of Hidalgo County, Texas, with Mission marked. Around it, the neighboring counties.
Mission
Hidalgo County
Other cities with a page
Mission's own numbers
Typical home value
$175,700
Typical monthly rent
$950
Typical yearly household income
$60,767
Households that own their home
71%
Effective property tax rate
1.79%
U.S. Census Bureau, American Community Survey (average 2020–2024).
Numbers for all of Hidalgo County
FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$1,017
Price change over 5 years (FHFA)
+56%
HUD, FHFA and FEMA don't publish these numbers by city.
Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Hidalgo County.
A typical home in Mission is worth $175,700: 25% above the county and 38% below Texas. With the typical household income in Mission ($60,767 a year), a typical home costs 2.9 times what the household earns in a year.
Years of income to pay for a typical home
The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.
Mission2.9 years
Hidalgo2.6 years
Texas3.6 years
United States4.1 years
Source: U.S. Census Bureau, Average 2020–2024
How prices have changed in Hidalgo County
According to FHFA’s house price index, home prices in Hidalgo County rose 88% in the 10 years through 2025.
FHFA does not publish this index by city: these are the numbers for all of Hidalgo County.
Yearly change in FHFA’s price index in Hidalgo County, 2016 to 2025
2016: +3.6% +3.6% 2016
2017: +3.6% +3.6% 2017
2018: +4.0% +4.0% 2018
2019: +3.5% +3.5% 2019
2020: +4.4% +4.4% 2020
2021: +10.0% +10.0% 2021
2022: +17.9% +17.9% 2022
2023: +11.0% +11.0% 2023
2024: +4.3% +4.3% 2024
2025: +4.1% +4.1% 2025
Change in FHFA’s price index in Hidalgo County, Texas and the United States
Period
County
Texas
U.S.
Last year (2025)
+4.1%
+0.8%
+2.9%
5 years (2020–2025)
+56%
+44%
+47%
10 years (2015–2025)
+88%
+88%
+85%
The index follows the price of the same homes over time (sales and appraisals with Fannie Mae and Freddie Mac loans). It is not the average price of a home. FHFA considers its annual county indexes experimental. Source: FHFA, 2025 data
Mission next to Hidalgo County, Texas and the U.S.
Three numbers side by side. “Typical” means the median: half are above it and half below.
Typical home value
Mission$175,700
Hidalgo$140,900
Texas$283,800
United States$332,700
Typical monthly rent
Mission$950
Hidalgo$957
Texas$1,403
United States$1,413
Typical yearly household income
Mission$60,767
Hidalgo$54,338
Texas$78,476
United States$80,734
See the full table
Mission next to Hidalgo County and Texas
Measure
Mission
Hidalgo County
Texas
U.S.
Typical home value
$175,700 ▲25% above the county
$140,900
$283,800
$332,700
Typical monthly rent
$950
$957
$1,403
$1,413
Typical yearly household income
$60,767 ▲12% above the county
$54,338
$78,476
$80,734
Households that own their home
71% ▲4 points above the county
67%
63%
65%
Typical yearly property tax
$3,151 ▲38% above the county
$2,279
$4,232
$3,119
Effective property tax rate
1.79% ▲0.17 points above the county
1.62%
1.49%
0.94%
Renters with high rent for their income
45% ▼4 points below the county
49%
52%
51%
“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Hidalgo County. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.
Four ways to pay for a typical home in Mission
For a typical $175,700 home in Mission, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Mission's typical property tax, an example home insurance and mortgage insurance when it applies.
FHA, 3.5% down$1,582a month
Least cash to close
Down payment
$6,150
Cash to close
$11,421
Rate
7.18%
Mortgage insurance
FHA MIP · $78
Conventional, 5% down$1,549a month
Down payment
$8,785
Cash to close
$14,056
Rate
7.18%
Mortgage insurance
PMI · $83
Conventional, 20% down, no PMI$1,287a month
Down payment
$35,140
Cash to close
$40,411
Rate
7.18%
Mortgage insurance
None
ITIN, 15% down (example)$1,450a month
Down payment
$26,355
Cash to close
$31,626
Rate
8.18%
Mortgage insurance
None
Four ways to pay for a typical home in Mission
Loan
Monthly payment
Down payment
Loan amount
Rate
Mortgage insurance
Cash to close
Minimum score
FHA, 3.5% down Least cash to close
$1,582
$6,150
$172,518
7.18%
FHA MIP · $78
$11,421
580
Conventional, 5% down
$1,549
$8,785
$166,915
7.18%
PMI · $83
$14,056
620*
Conventional, 20% down, no PMI
$1,287
$35,140
$140,560
7.18%
None
$40,411
620*
ITIN, 15% down (example)
$1,450
$26,355
$149,345
8.18%
None
$31,626
Set by the lender
The option that asks for the least cash to close is FHA, 3.5% down.
Cash to close = down payment plus 3% of the price in closing costs (example).
Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.
Typical rent in Mission is $950 a month: about the same as the county. In Mission, 45% of renter households pay 30% or more of their income in rent.
HUD publishes a fair market rent for all of Hidalgo County, by unit size. To pay the 2-bedroom one ($1,017 a month) without spending more than 30% of your income, you would need to earn $19.56 an hour working full time.
What you need to earn to pay it without spending more than 30% of income, working full time.
HUD fair market rent in Hidalgo County (Fiscal year 2027)
Size
Fair rent a month
Hourly wage
Yearly income
Studio
$801
$15.40
$32,040
1 bedroom
$806
$15.50
$32,240
2 bedrooms
$1,017
$19.56
$40,680
3 bedrooms
$1,305
$25.10
$52,200
4 bedrooms
$1,439
$27.67
$57,560
Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027
By ZIP code
Fair market rent by ZIP code in Mission
HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Mission is in ZIP code 78572.
For 2 bedrooms it is $1,010: $7 less than the fair market rent for Hidalgo County ($1,017).
Fair market rent by ZIP code and size in Mission, fiscal year 2027.
ZIP code
Studio
1 bd
2 bd
3 bd
4 bd
78572
$800
$800
$1,010
$1,310
$1,440
ZIP code2 bd3 bd
78572 $1,010$1,310
1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Mission when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD)Fiscal year 2027Small Area Fair Market Rents (HUD) (external site)Source: Census Bureau ZCTA-to-place relationship fileData from 2020 dataCensus Bureau ZCTA-to-place relationship file (external site)
HUD lists 18 buildings with rents for lower incomes in Mission. These are the largest.
El Rosario Homes and La Merced Homes118 Encino Ave, Mission 78572200 low-income homes · For families(956) 585-5051
Rio de Vida Apts301 S Inspiration Rd, Mission 78572208 homes, 176 low-income · 2 bd: 104 · 3 bd: 104 · In service since 2005
Vida Que Canta Apts507 S Inspiration Rd, Mission 78572160 low-income homes · 1 bd: 32 · 2 bd: 72 · 3 bd: 56 · In service since 2006
Palm Plaza810 N Mayberry Rd, Mission 78572100 low-income homes · Run by Mission Housing Authority · Average payment: $320 a month · Average wait: 20 months(956) 585-9747
Taylor Senior Village1617 N Taylor Rd, Mission 78572112 homes, 89 low-income · In service since 2018
You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.
There is 1 HUD-approved agency with an office in Hidalgo County; 1 says it serves in Spanish.
No down payment, repair or rent-help program on our list is for Mission or Hidalgo County. The ones below are statewide in Texas: they work in Mission the same as in the rest of the state.
Texas state program for first-time buyers: a 30-year mortgage with down payment assistance.Offered by Texas Department of Housing and Community Affairs (TDHCA).
Texas state program with down payment assistance for any buyer, not only first-time buyers.Offered by Texas Department of Housing and Community Affairs (TDHCA).
Texas state certificate that turns part of your mortgage interest into a credit on your federal tax return.Offered by Texas Department of Housing and Community Affairs (TDHCA).
No legal help resource on our list is for Mission or Hidalgo County in particular.
If you have a problem with your landlord, an eviction notice or a scam, the Legal Services Corporation (LSC) search shows the free legal aid offices that serve your area.
Short answers with the numbers for Mission and all of Hidalgo County. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.
How much does a typical home cost in Mission?
The typical home value in Mission is $175,700, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Hidalgo County it is $140,900.
How much does it cost to rent in Mission?
Typical rent in Mission is $950 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Hidalgo County is $1,017.
What is the FHA loan limit in Mission?
Mission uses the FHA limit for all of Hidalgo County (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.
How much property tax do owners pay in Mission?
The typical homeowner in Mission pays $3,151 a year, according to the U.S. Census Bureau. That is 1.79% of the home’s value; in Hidalgo County, the rate is 1.62%.
Where can I find free help to buy or rent in Mission?
There is 1 HUD-approved counseling agency with an office in Hidalgo County. 1 says it serves in Spanish. They can help you get ready to buy, with your credit, or with rent.
